Professional Documents
Culture Documents
A Quantitative Research
Researchers:
Lim, Antonnette
Madriaga, Jenelyn
Reyes, Kristine
Bayangan, Daniel
Grade 12-ABM-1
Submitted to:
Hamilton Macagne
Practical Research 2 Teacher
February 2020
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
i
ACKNOWLEDGEMENT
The researchers would like to acknowledge various people who have contributed to
First of all, to Almighty God, with His grace, the researchers were able to successfully
carry out this study without going through any major obstacle.
Foremost, we would like to express our sincere gratitude to our research teacher, Sir
Hamilton Macagne for his patience, motivation, enthusiasm, immense knowledge, and for his
guidance in conducting this research study. His pieces of advice have helped the researchers
widen their understanding on how to undertake this study. This would not have been
successful without his guidance and support for the researchers. Also, to Madame Shiela
Esteban and Madame Marilyn Yumul for pointing out improvements and validating our
research questionnaire.
And of course, the researchers would also like to thank their parents, family, friends
and classmates for the support they have received from them, either moral support or through
financial. Also for being there when the researchers are emotionally, mentally, or physically
drained.
Lastly, to all the students who participated in this study, thank you for giving your
time and effort in answering the survey questionnaire. This study would not have been
ABSTRACT
Entrepreneurial subjects are being offered in senior high school and colleges, not to prepare students
for employment but rather for becoming entrepreneurs. This study aimed to determine the level of
entrepreneurial knowledge and entrepreneurial intentions of Accountancy, Business and Management
(ABM) students of Tabuk City National High School, and also to ascertain the relationship of the two
variables. The study utilized a survey questionnaire adapted from the study Measuring Measuring
Entrepreneurial Knowledge and Entrepreneurial Intention of ABM Grade XII, Senior High School
Students of Divine World Colleges in Region I, Philippines by Abun et al. (2018). The study surveyed
140 randomly selected students, determined through Slovins’s formula. Descriptive analysis and
weighted mean were used to analyze the gathered data, while Pearson r was used to determine the
correlation between the variables. A four-point Likert scale was used, to determine the level of
entrepreneurial knowledge and entrepreneurial intentions of the respondents, which were labeled as
very true, true, not true, and not true at all. The study found out that the respondents have high levels
of entrepreneurial knowledge and entrepreneurial intentions; and it was also found out that there is a
significant relationship between the two variables. These findings imply that the higher the level of
entrepreneurial knowledge, the more likely for a student to pursue entrepreneurship, therefore students
should expose themselves to environments that will nurture their entrepreneurial intentions. Also, the
school should further enhance and improve the entrepreneurial knowledge of students by enriching
entrepreneurship subject, and pairing it up with various entrepreneurial activities.
Keywords: entrepreneurship, entrepreneurial knowledge, entrepreneurial education, entrepreneurial
intention
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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TABLE OF CONTENTS
Page
Acknowledgements.……………………………………………………...……………..... i
Abstract………………………………………………………….……….……………...... ii
CHAPTER I: INTRODUCTION
Data Analysis…………...………………………………….………………...... 7
Table 1……………………………………………………….………………..... 8
Table 2……………………………………………………………...................... 11
Table 3………………………………..……………………………………........ 12
Conclusions…………………………………………………………………...... 13
Recommendations…………………………………………………………........ 13
REFERENCES ………………………………………………………………………....... 15
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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APPENDICES
CHAPTER I
INTRODUCTION
advance a country’s economic growth and to sustain its competitiveness in facing the
increasing trends of globalization (Shamsudin et al., 2017). According to Kelly, Singer &
As stated by Abun et al. (2018), the purpose of opening business courses in senior
high school and college is not to prepare individuals for employment but they are prepared to
be entrepreneurs. They are expected to open business in the future and create jobs for others.
This coincides with the Department of Education which intends to create an “ecosystem that
culture (Malipot, 2019). This goal can be achieved through the implementation of the K to 12
program, as students are encouraged and prepared to become entrepreneurs. This situation
proves the importance of the Accountancy, Business and Management strand which is
optimized to cater to students who have entrepreneurship as exit for students after graduating
from senior high school, therefore promoting youth entrepreneurship. Youth entrepreneurial
activities is described as the process involving individuals who are (or want to become) self-
employed or who have started (or want to start) a new business, either the formal or informal
Schwarz et al. (2009) has pointed out that in entrepreneurship research, understanding
entrepreneurs. It is along such reason that the researchers would like to further understand the
Entrepreneurial knowledge can mean the concepts, skills, and mentality individual
business owners use during the course of starting and developing their growth-oriented
businesses (Erzetic, 2008). Massad & Tucker (2009) articulate that this knowledge can be
Entrepreneurial activity can be defined as the enterprising human action in pursuit of the
There are two types of entrepreneurial knowledge which complement each other
when determining new business venture creation process. The first type relates to an
individual’s ability to recognize entrepreneurial opportunities, while the second type refers to
successfully exploiting the identified opportunity (Turker et al., 2009). Both these types of
The first type of involves the discovery and evaluation of new venture opportunities.
people facing a particular problem. Solving this problem often involves the development of
an innovative or new approach. For the second type, the entrepreneur develops a viable
business model, which involves the formation and development of a profitable business
business in the future (Abun et al., 2018). While according to Choo & Wong (2009),
individual must have entrepreneurial intentions because it determines the starting point of
Entrepreneurial intention is the main force that drives a person to start his/her own
business. Previous studies have led to the discovery of factors that affect entrepreneurial
intentions. In a study by Nguyen et al. (2019), desire for success and challenge,
Okafor, 2010). Knowledge and skills are major influencing factors on the students’
entrepreneurial intentions. In addition, Othman & Ishak (2009) pointed out the relationship
between entrepreneurship aspiration and knowledge on business. They also contended that
intentions. This points out the entrepreneurship education is needed to enhance business
intentions.
In addition, special entrepreneurial skills that are taught in schools and through
special adult education programs by teachers who are familiar with entrepreneurial activity
can also affect a person’s likelihood to engage in entrepreneurship (Engle et al. 2010).
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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This study aimed to determine the effect of entrepreneurial knowledge towards the
entrepreneurial intentions of the ABM students of Tabuk City National High School. To
entrepreneurial intention?
entrepreneurial intention.
This study was delimited to the ABM students of Tabuk City National High School
and their entrepreneurial knowledge and entrepreneurial intentions. This study measured the
level of the entrepreneurial knowledge and intentions of the participants, and determined
This study was conducted at Tabuk City National High School, during the second
entrepreneurial intention of the ABM students of TCNHS. This study will be beneficial to the
following:
To the school: The findings of this study will be helpful for the school in coming up
with improvements in the curriculum in order to match with the objective of preparing
students to become entrepreneurs. The school can also further strengthen and improve the
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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entrepreneurial education offered in the school, with the information that will be gathered
To the students: This study will help students to know if they have high
entrepreneurial intentions, and from this they can determine how to optimize their learnings
To the future researchers: Future researchers may use this study as a reference for
their future researches in the Accountancy and Business Management area. This study can
also be used as a basis for future researches on entrepreneurial knowledge and entrepreneurial
education.
Entrepreneurial
Knowledge Questionnaire Relationship between
entrepreneurial
knowledge and
Entrepreneurial Data Analysis entrepreneurial intention
Intention
The conceptual framework of the study presents the process of the study. The input
which are the independent and dependent variables are gathered through a questionnaire, then
through the data analysis, the relationship of the variables are determined.
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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CHAPTER II
METHODOLOGY
RESEARCH DESIGN
This study utilized a quantitative, and descriptive survey research design, to describe
the level of entrepreneurial knowledge and entrepreneurial intentions of the ABM students. A
descriptive survey research design involves the description, recording, analysis and
interpretation based on the data gathered through questionnaires which are statistically
computed. The researchers chose this design as it brought the identification of characteristics,
frequencies and correlations. The use of survey design allowed the gathering of large volume
The population of the study was composed of the grade 11 and 12 Accountancy,
Business and Management students of Tabuk City National High School. A simple-random
sampling was used to choose the participants, wherein every item in the population will have
a chance and likelihood of being selected in the sample. In this manner, 140 students out of
216 participated in the study. The sample size was determined through the use of Slovin’s
𝑁
formula (𝑛 = 1+𝑁𝑒2 ). The locale of this study is at Tabuk City National High School, located
RESEARCH INSTRUMENT
This study used a survey questionnaire in gathering the needed data to be able to
measure the entrepreneurial knowledge and entrepreneurial intentions of the ABM students
of Tabuk City National High School. The survey questionnaire that was used is adapted from
Grade XII, Senior High School Students of Divine World Colleges in Region I, Philippines by
Abun et al. (2018). The questionnaire consists of close-ended questions, and is divided into
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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two sections with each section pertaining to a variable in the study. Section 1 covers
Likert scale is used to measure the entrepreneurial knowledge and intentions of the
participants. The scales range from 1 to 5, which are Not at all true (1), Not true (2),
Somewhat true (3), True (4), and Very true (5). The survey questionnaire is deemed valid as
it has been utilized in a previous study. As for reliability, after running a reliability test with
For the gathering of data, the researchers personally disseminated the survey
questionnaires to the 140 selected participants, prior to this, the researchers read a letter of
consent to the participants. The questionnaires were handed out during vacant periods of the
respondents, and they were given 5-10 minutes to finish answering before collecting back the
sheets.
DATA ANALYSIS
Descriptive data analysis that was utilized is the frequency distribution which
summarized and compressed data by grouping it into classes and recording how many data
points fall into each class. The weighted mean is used to measure the entrepreneurial
knowledge and entrepreneurial intentions of the participants, while Pearson r correlation was
The following ranges of values with their descriptive interpretation was used:
CHAPTER III
table, it reveals that the students have a very high level of entrepreneurial knowledge. This is
indicated by the computed overall weighted mean which is 3.33, falling under the
interpretation ‘very true’, which means that they agree with the statements that pertain to
Taking the data singly, it can be inferred that all the questions measuring this variable
were rated either true or very true. This would mean that the students understand that
entrepreneurship creates jobs and wealth, and that they agree with the statements regarding
entrepreneurship.
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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It is noted that item 1 got the highest weighted mean which is 3.6, which elaborates
that the students believe that entrepreneurship creates jobs. It is said that entrepreneurs
stimulate employment growth by generating new jobs when they enter the market (Kritikos,
2014).
Meanwhile, item 10 got the lowest weighted mean which is 3.08 being classified as
‘true’, wherein the item states that entrepreneurs rule the world economy. Students may view
entrepreneurship as a driving force of economic growth, but Doran, McCarthy & Connor
(2018) stated that while entrepreneurship is important for economic growth, the impact of
countries, on the other hand, entrepreneurial attitudes (perceptions, intentions and role
positive impact on the students’ intentions of starting a business. A high level of knowledge
Resureccion (2011), curriculum designs have a strong influence over the attitudes towards
entrepreneurship. Subsequent studies have also shown that entrepreneurship education can
factor that plays a big role in the decision making of students whether to become
providing them with a combination of knowledge, skills and capability to establish and
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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maintain new enterprises (Dutta, Li, & Merenda, 2011). In addition, an individual who
more likely to engage in entrepreneurial activities in the future. In addition, students with
positive attitude towards entrepreneurship are more inclined to become entrepreneurs once
On the other hand, entrepreneurial education is not enough, as stated by Dutta et al.
(2011) entrepreneurial education facilitates the creation of new businesses, but is not in itself
entrepreneurship education in colleges and universities does not significantly improve the
entrepreneurial rate of college students (Shen, Chen, & Chen, 2010). They also elaborated
rate in a short period of time; it stems from the time delay effect of entrepreneurship
education, which means that students have a lag period of 10 years from accepting
entrepreneurship education to actual business. Bae et al. (2014) also pointed out the
intention.
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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WEIG
ENTREPRENEURIAL INTERPRE
4 3 2 1 HTED
INTENTION TATION
MEAN
1. I have a professional goal of 76 56 6 2
3.47 Very true
becoming an entrepreneur (304) (168) (12) (2)
2. I will make every effort to start 71 64 4 1
3.46 Very true
and run my own business (284) (192) (8) (1)
3. I am determined to establish a 66 65 8 1
3.4 Very true
business in the future (264) (195) (16) (1)
4. I think being an entrepreneur 59 76 4 1
3.38 Very true
will give me more advantages (236) (228) (8) (1)
5. I would rather take any job than 14 54 62 10
2.51 Not true
becoming an entrepreneur (56) (162) (124) (10)
6. I am ready to do anything to 30 90 19 1
3.06 True
become an entrepreneur (120) (270) (38) (1)
7. I will have a chance in becoming
33 92 14 1
successful if I will open a 3.12 True
(132) (276) (28) (1)
business
8. I would feel great if I become an 36 94 7 3
3.16 True
entrepreneur (144) (282) (14) (3)
9. I have ideas about how to start a 39 61 39 1
2.99 True
business in the future (156) (183) (78) (1)
10. I find it difficult to develop 26 67 42 5
2.81 True
business ideas (104) (201) (84) (5)
Total Average Weighted Mean 3.14 True
N=140
Table 2 above illustrates the intention of ABM students in becoming entrepreneurs.
With the overall weighted mean of 3.14, it indicates that the students rate the statements
It is noted that item 5 got the lowest mean which is 2.51 which is interpreted as ‘not
true’. The statement in this item suggests the idea of pursuing any other career than being an
entrepreneur, this shows that some of the respondents have entrepreneurship at the top of
Meanwhile item 1 garnered the highest weighted mean which is 3.47, implying that
the students have professional goal of becoming an entrepreneur. Education may play a role
confidence to start businesses (Rankhumise, Hammer, & Shambare, 2012). However, setting
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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study by Othman & Zafirah (2018) they found out that although student entrepreneurship
intention were found to positively correlated, r (138) = .30, p<.001. This finding confirms the
Such finding supports the study of Oyewumi & Olufemi (2013) and Othman & Ishak
The significant relationship between these variables indicate that the that lack of these
two may reduce the entrepreneurial behavior among youths (Iro-Idoro, 2014). In addition,
On the other hand, this result is in contradiction with the study of Mahendra et al.
(2017), which stated that that there is no direct relationship between entrepreneurial
CHAPTER IV
CONCLUSIONS
1. Students of the ABM strand of TCNHS are found to have a high level of entrepreneurial
education, wherein they understand the roles of entrepreneurs and their contributions to
2. It is also revealed that the students have high intentions of becoming entrepreneurs. It is
found out that most of the respondents have set their goals to become entrepreneurs, and
that they don’t think of choosing any other career path than becoming entrepreneurs.
pursue entrepreneurship. However, the lack of these two variables may lead to the
RECOMMENDATIONS
1. To further enhance and improve the entrepreneurial knowledge of students, the school
entrepreneurship education and the subjects that are offered, and also by pairing it up with
activities that can further enhance the students’ interest in entrepreneurship and business
in the future. The entrepreneurship education must also be able to enhance entrepreneurial
attitude such as creative thinking, innovation, risk taking, drive and determination, etc.
themselves to an atmosphere that will give them an insight on the world of business. They
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
14
3. Future researchers should carry out the study with a larger number of respondents to cave
in more data and come up with more accurate findings, also, it is recommended to
consider carrying out the study to students of non-business courses. Future studies should
also consider looking into moderating variables that can affect the entrepreneurial
intentions of students.
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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References
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Entrepreneurial Knowledge and Entrepreneurial Intention of ABM Grade XII
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Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
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CERTIFICATION
This is to certify that the undersigned validated the adapted/constructed questionnaire of the
study entitled Entrepreneurial Knowledge and Entrepreneurial Intentions of Accountancy, Business
and Management Students by Daniel Bayangan, Antonnette Lim, Jenelyn Madriaga, & Kristine
Reyes.
This certification is issued upon the request of the abovementioned for their research study.
Dear respondents,
Good day!
We are grade 12 ABM students of Tabuk City National High School who are currently conducting a
study entitled “Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM students”.
In this regard, we would like hand out survey questionnaires and ask for your participation in
answering them. These questionnaires will contain questions related to the level of entrepreneurial
knowledge and intentions of ABM students of TCNHS. Rest assured that only the group will have
access to your answers in the survey sheets. The answers will be transcribed and we will remove any
identifiers during the transcription. The survey sheets and your identity will be kept confidential and
will not be revealed in the final manuscript.
Please do not hesitate to ask us if you have any queries. We thank you in advance for your
consideration to help us in this study.
Sincerely,
LEGEND:
4 – Very true 2 – Not true
3 – True 1 – Not at all true
I. ENTREPRENEURIAL KNOWLEGDE 4 3 2 1
1. Entrepreneurship creates jobs
2. Entrepreneurship means to be self employed
3. Entrepreneurs gather resources to create wealth
4. Entrepreneurship can make someone to be independent
5. Entrepreneurs contribute to the economic development
6. Entrepreneurs are employees of labor
7. Entrepreneurs attends social functions to meet business partners
8. Entrepreneur uses his/her creative ability to publicize
9. Entrepreneurs see opportunities where others do not
10. Entrepreneurs rule the world economy
Adapted from:
Abun, D., Foronda, S., Belandres, M., Agoot, F., & Magallanes, T. (2018). Measuring
Entrepreneurial Knowledge and Entrepreneurial Intention of ABM Grade XII
Students, Senior High School Students of Divine World Colleges in Region I,
Philippines. International Journal of Educational Research. doi:
10.13140/RG.2.2.31410.66249
Entrepreneurial Knowledge and Entrepreneurial Intentions of ABM Students
21
13 3 3 4 3 3 4 4 3 3 4 3 4 3 4 3 3 3 4 3 4
14 3 3 2 3 4 3 3 4 4 3 3 3 3 4 2 3 3 3 3 1
15 4 3 4 3 3 2 3 3 4 3 4 4 4 4 4 4 4 4 4 4
16 4 4 4 4 4 4 4 4 4 4 4 4 4 4 1 4 4 4 1 1
17 4 2 3 3 3 3 3 3 2 3 3 3 3 3 3 3 3 3 3 3
18 3 1 3 3 3 4 3 3 2 3 3 3 3 4 4 4 4 4 4 2
19 4 4 3 4 4 3 3 4 4 3 3 4 3 3 2 3 3 3 2 4
20 4 3 4 4 4 3 3 4 3 4 4 4 4 3 2 3 3 3 3 3
21 3 3 2 4 4 3 4 4 4 2 2 2 2 3 2 1 3 2 3 3
22 4 3 3 4 4 4 4 4 4 4 4 4 4 4 3 4 3 3 4 4
23 4 3 4 4 4 3 3 3 2 2 3 3 3 3 2 3 3 3 3 2
24 3 3 2 3 3 2 2 3 2 2 3 3 3 3 2 3 3 3 3 3
25 4 4 4 3 3 4 3 4 4 3 3 4 3 4 2 3 3 3 3 2
26 4 3 3 3 3 4 4 4 4 3 3 3 3 3 2 4 4 4 4 3
27 3 2 3 2 4 2 2 2 2 2 2 3 3 2 1 2 2 2 2 3
28 3 3 3 3 4 3 3 4 4 3 3 4 4 4 3 3 4 3 4 2
29 3 3 2 2 3 2 3 3 2 3 2 3 3 3 3 2 2 3 3 2
30 4 3 3 3 3 3 3 3 3 3 3 3 3 3 2 3 3 3 3 3
items/questions/components 20
sum of the variances 9.12
variance of total scores 62.98
cronbachs α 0.9002